- AUD/USD rejected at day's high by 0.7637, slips below the 0.76 handle to currently trade around 0.7590 levels.
- Technicals on 2H charts show scope for further downside, Stochs and RSI are biased lower and MACD line shows bearish crossover on signal line.
- Immediate support is seen at 0.7568 (Mar 21st lows), while resistance is seen at 0.76 (psychological level and 10-DMA).
Recommendation: Sell rallies around 0.7590/0.76, SL: 0.7640, TP: 0.7533/0.7510
